May 7, 2020 | COVID-19, Revenue Management
The spread of the coronavirus SARS-CoV-2 followed by the lockdown of many countries around the world is obviously very difficult for the whole travel industry. We understand you are doing your best to save your business. As travel and hotel enthusiasts, it hurts us to...
Mar 26, 2020 | Revenue Management
The 8 most common distribution management mistakes Effective hotel revenue management is all about using its full potential. This requires not only using the properly synchronized software and keeping an eye on competitor offers, but also maintaining best possible...
Mar 3, 2020 | Channel Manager, Revenue Management
Price strategies that support increase in revenues Proper implementation of a price strategy is of fundamental relevance for each type of property, regardless of the size. A good price strategy is the key to success defined as the acquisitions of the prognosed number...
Nov 15, 2019 | Channel Manager, Revenue Management
Price management: the key when selecting hotel technology Price management in PMS and Channel Manager: Why is it a key factor when selecting the right solution for your facility while entering 2020 by Paweł RytelEffective hotel revenue management is a challenge hotels...
Oct 10, 2019 | Revenue Management
Optimizing rates and availability – the strategy for 2019/20 Already today, distribution strategies based on maximizing the number of sales channels require additional effort and specialized tools. In the times of extremely competitive market environment,...
Aug 22, 2019 | Channel Manager, Revenue Management
Hotel trends: what not to miss in 2019/2020 Bookassist For the hotel industry autumn is a time to reflect on marketing plans for the coming year. It is a particularly good time to analyse trends. Looking forward, we should not forget that there is little sense in...
Aug 16, 2019 | Channel Manager, Revenue Management
How does overbooking influence hotel revenue? Booking cancellations and no-shows are common phenomena throughout the hospitality industry. While they disrupt normal functioning of a hotel, they also afford an excellent opportunity to generate additional income....
Aug 1, 2019 | Revenue Management
Google Hotels – a new tool for hotel marketing There are many different models of working with Google for hoteliers to promote their property. You can choose the most common way of promotion – the Google Ads. You pay and a link to your hotel’s website appears directly...
Jul 19, 2019 | Revenue Management, Revenue Strategy
Consortia as a source of corporate bookings GDS distribution is the entry point to worldwide corporate travelers. The GDS feed most consortia, providing a major source of business for hotels that capture strong corporate demand. How to join TMC & Consortia hotel...
Jun 18, 2019 | Revenue Management, Revenue Strategy
How to maximize your peak season earnings With the high demand that peak season brings to your distribution channels, together with Booking.com we are sharing some tips to show you how your business can benefit. This is how you can attract more guests to your...
Jun 12, 2019 | Revenue Management
Consortia – a quick guide for corporate reservations seekers As explained in the ‘Why do you need to be on a GDS now? A guide to the GDS market for hoteliers’ GDS white paper elaborated by YieldPlanet, diversification of distribution channels is one of the key factors...
Mar 15, 2019 | Connections, Revenue Management
Booking.com AV Resell Feature – new way booking.com handles cancellations Booking.com has started testing the AV Resell Feature. This can be a great chance for properties which depend heavily on bookings from OTAs. Booking.com informed us that they started testing...
Feb 8, 2019 | Channel Manager, Revenue Management
Property management system (PMS) and Channel Manager – the perfect duo Digital revolution is gaining momentum and increasingly changes the landscape of the hotel industry. It enforces constant updating of both the business model, as well and the marketing and...
Jan 21, 2019 | Channel Manager, Revenue Management
YieldPlanet at FITUR 2019 This year we will be attending the most important International Tourism Fair that takes place in Spain, FITUR 2019. Our stand will be located in Hall 10 in the Fitur Know How & Export Area – STAND B17.This year our team has prepared...
Dec 31, 2018 | Revenue Management
The basic ingredients of the revenue management II In the second article of the series devoted to hotel revenue management we will examine its main components. Segmentation The need for segmentation is a logical consequence of diversity among clients (business...
Dec 28, 2018 | Revenue Management, Revenue Strategy
5 revenue strategy hacks that you MUST implement during the Christmas holidays period In this festive season hoteliers have to start doing everything they can to fill up the rooms of their properties. This is the moment to close the year with green numbers. What can...
Dec 19, 2018 | Revenue Management
Instagram for hotels: 4 strategies to attract gourmets and get more bookings Instagram strategies to attract gourmetsFood tourism has developed significantly in the recent years. Interests of travellers began to change, which allowed us to fill a niche on the market:...
Dec 5, 2018 | Revenue Management
Changes in Revenue Management that can help improve the hotel’s performance As revenue management in the hospitality industry grows, hospitality professionals need to be aware of their key role in the hotel sales strategy, paying particular attention to new market...
Dec 3, 2018 | Hotelier Academy, Revenue Management
Download an e-book: “RMS algorithms during the pandemic: challenge or opportunity?” With the start of the COVID-19 pandemic, the hospitality business was one of the sectors which were hit the hardest. Nevertheless, we truly believe that awareness of the situation and...
Nov 27, 2018 | Revenue Management
YieldPlanet participates in FITUR 2019 This year, FITUR, the leading fair in the Spanish and Ibero-American market, will be held from 23 to 27 January 2019 at the Feria de Madrid with a larger exhibition area than past years.FITUR 2019 is preparing one of its most...